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Europe

EuropeFintechNews Roundup
·May. 6, 2020

European Digital Banks Struggle to Gain Market Share in US

New research from Apptopia shows that the leading digital banks in Europe are off to a slow start in the...
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EuropeFintechNews Roundup
·Apr. 12, 2017

A New Place for Startups in London’s Square Mile

Innovate Finance is planning to move from Canary Wharf to a new location in the Square Mile; the industry body also plans to provide space for startups; Mark Boleat, the City of London's policy chairman, also noted they plan to bring broader and faster wireless coverage in order to attract small businesses stating that the Square Mile was a "natural place for fintech to coalesce." Source

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EuropeFintechNews Roundup
·Mar. 28, 2019

OakNorth Goes Global with Technology Spin Out

UK based digital bank OakNorth has started to go global but not in the same way other digital banks are...
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EuropeFintech
·Aug. 5, 2020

Spanish Fintech Bnext Adds €11M to its Series A

Spanish challenger bank Bnext has added €11 million to its €22,5 million Series A round that was first announced back...
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Europe
·Jul. 11, 2022

Blockchain.com May Lose $270 Million Over Its Loans to 3AC

Blockchain.com, a popular crypto exchange may end up losing $270 million over its loans to Three Arrows Capital (3AC) that filed for chapter 15.
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EuropeFintechNews RoundupUSA
·Jan. 4, 2019

Announcements & Releases for January 4, 2019

New CFPB chief’s memo to staff: Enforce law, but don’t presume guilt 2019 could be the year CRA deadlock ends...
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EuropeFintechNews Roundup
·Jan. 13, 2020

Christian Faes Takes New Role as Executive Chair

Christian Faes is the co-founder of LendInvest and served as the CEO for over a decade; he is now stepping...
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EuropeFintech
·Jul. 8, 2020

Farewill Raises £20mn to Expand Funeral Offering

End of life fintech Farewill has raised an additional £20mn and is working on a big push into the funeral...
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EuropeNews RoundupOnline Lending
·Dec. 13, 2016

Closed-End Marketplace Lending Fund, P2PGI, Continues Share Buybacks

According to a report by AltFi, P2P Global Investments (P2PGI) is continuing their share buybacks; P2PGI has purchased shares on 14 days in the past two months with buybacks ranging from 3,400 to 50,000; the fund currently trades at a 25.3% discount to net asset value; contributing factors to recent performance have been cash drag from currency hedging, level of defaults and volatility surrounding Brexit.  Source

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EuropeFintechNews Roundup
·Feb. 1, 2019

WorldFirst to Spin Off US Operation for Takeover by Ant Financial

A year ago US regulators nixed a deal for Chinese fintech giant Ant Financial’s buyout of MoneyGram; this time around...
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